Wayfair's (W) CEO Niraj Shah on Q2 2019 Results - Earnings Call Transcript

Aug. 01, 2019 2:39 PM ETWayfair Inc. (W)
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Wayfair, Inc. (NYSE:W) Q2 2019 Earnings Conference Call August 1, 2019 8:00 AM ET

Company Participants

Jane Gelfand – Head of Investor Relations

Niraj Shah – Co-founder, Chief Executive Officer and Co-Chairman

Steve Conine – Co-founder and Co-Chairman

Michael Fleisher – Chief Financial Officer

Conference Call Participants

Peter Keith – Piper Jaffray

Maria Ripps – Canaccord

Brian Nagel – Oppenheimer

Oliver Wintermantel – Evercore

John Blackledge – Cowen


Good morning. My name is Michelle, and I will be your conference operator today. At this time, I would like to welcome everyone to the Wayfair Q2 2019 Earnings Release and Conference Call. [Operator Instructions]

I would now like to turn the call over to Jane Gelfand, Head of Investor Relations. Please go ahead.

Jane Gelfand

Good morning, and thank you for joining us. Today, we will review our second quarter 2019 results. With me are Niraj Shah, Co-founder, Chief Executive Officer and Co-Chairman; Steve Conine, Co-founder and Co-Chairman; and Michael Fleisher, Chief Financial Officer. We will all be available for Q&A following today’s prepared remarks.

I would like to remind you that we will make forward-looking statements during this call regarding future events and financial performance, including guidance for the third quarter of 2019. We cannot guarantee that any forward-looking statements will be accurate, although we believe that we have been reasonable in our expectations and assumptions. Our 10-K for 2018 and our subsequent SEC filings identify certain factors that could cause the company’s actual results to differ materially from those projected in any forward-looking statements made today. Except as required by law, we undertake no obligation to publicly update or revise these statements whether as a result of any new information, future events or otherwise.

Also, please note that during this call, we will discuss certain non-GAAP financial measures as we

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